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GAIL India Ltd.
10
Subsidiaries
2. Brahmaputra Cracker and Polymer Limited (BPCL)
3. GAIL Global (Singapore) Pte Limited
1. GAIL Gas Limited
Subsidiaries
- It owns the country's largest pipeline network, the cross-country 2300km Hazira-Vijaipur-Jagdishpur pipeline with a capacity to handle 33.4 MMSCMD gas.
- Today, it owns and operates more than 11000km long cross-county natural gas pipeline in over 22 states.
- It also owns 2000km long LPG pipeline.
- It has the pride to operate one of the world's longest exclusive LPG pipeline in country from Jamnagar in Gujarat to Loni in Uttar Pradesh.
GAIL
Ltd.
Business in News
- GAIL ranked 1377th on Forbes World's Largest Public Corporation List 2021
- GAIL won the Prestigious CII-National Water Awards for Excellence in Water Management-2016 in "out of fence Category"
- GAIL's Petrochemical unit at Pata came 1st in 16th National Award for Excellence in Cost Management 2018 from ICAI.
- GAIL India Ltd will invest over Rs. 45000 crore over the next five years to expand the National Gas Grid and city gas distribution network.
GAIL (India) Limited
Introduction
Present Head (MD and CEO) : Shri Manoj Jain
Finance Director : A.K. Tiwari
Full Form of GAIL (India) Limited
GAIL (India) Limited
Incorporation Year - 1984
Ownership Group - MoP&NG
ABOUT
Headquarters
Headquarter - New Delhi, INDIA
Chairman - Shri Manoj Jain
Present Head (MD & CEO) - Shri Manoj Jain
Finance Director (CFO) - A. K. Tiwari
Company Introduction
GAIL (India) Limited
- It is the largest state-owned natural gas processing and distribution company in India.
- It is India's principle gas transmission and marketing company.
- It has business segments like natural gas, liquid hydrocarbon, etc.
- It was conferred with the 'Maharatna' status on 1st February 2013.
- It has more than 70% market share in both gas transmission and marketing.
What is Maharatna status?
“Maharatna” status is granted to a company which has recorded more than ₹ 5,000 crore of net profit for three consecutive years, an average annual turnover of ₹ 25,000 crore for three years or should have an average annual net worth of ₹ 15,000 crore for three years. It should also have global footprints.
Shri Manoj Jain
Philosophy
- To be the leading company in natural Gas and Beyond, with Global Focus, Committed to Customer Care, Value Creation for all Stakeholders and Environmental Responsibility.
- To accelerate and optimize the effective and economic use of Natural Gas and its fractions for the benefit of the national economy.
Joint Ventures
- Indraprastha Gas Limited (IGL) : GAIL has 22.5% stake in the company along with BPCL as an equal partner.
- Mahanagar Gas Limiteg (MGL) : GAIL has 49.75% stake in the company along with British Gas as an equal partner.
- Maharashtra Natural Gas Limited (MNGL) : GAIL has 22.5% stake in the company along with BPCL as an equal partner.
- Petronet LNG Limited (PLL) : GAIL has 12.5% equity stake in PLL, along with BPCL, ONGC and IOCL as equal partners.
- Avantika Gas Limited (AGL) : GAIL has 22.5% stake in the company along with HPCL as an equal partner.
- Bhagyanagar Gas Limited (BGL) : GAIL has 22.5% stake in the company along with HPCL as an equal partner.
- Central U.P. Gas Limited (CUGL) : Gail has 25% stake in the company along with BPCL as an equal partner.
- Green Gas Limited (GGL) : GAIL has 22.5% stake in the company along with IOCL as an equal partner.
- Ratnagiri Gas and Power Pvt. Ltd. (RGPPL) : GAIL has 32.88% stake int the company along with NTPC as an equal partner.
- Tripura Natural Gas Company Limited (TNGCL) : GAIL has 29% stake in the company.
- GAIL China Gas Global Energy Hodings Limited : GAIL has 50% equity interest in the company along with China Gas as the equal partner.
Thanks
- Karan Jain